This is a common question among Pi Network users. As a mobile mining project launched in 2019, Pi has attracted over 60 million users worldwide with zero-cost participation. As of February 26, 2025, the mainnet has opened, and tokens can circulate, but whether its price can reach 10,000 RMB (about 1,400 USD) still needs to be analyzed from multiple perspectives, including technology, market, and external environment.
The technical core of Pi is the Stellar Consensus Protocol (SCP), which verifies transactions through a trust network rather than computational power, making it energy-efficient and suitable for mobile devices. Its 'mining' is essentially a reward distribution based on user activity, and real blockchain maintenance relies on nodes rather than smartphones. Although the opening of the mainnet marks a technological advancement, solutions like PiVM and other Layer 2 options have also improved transaction efficiency, but the code is not fully open-source, and transparency is lacking, with the total token supply unknown. If the supply is too large, scarcity will struggle to support high prices; reaching 10,000 RMB would require a market capitalization of several trillion dollars, far exceeding Bitcoin's current scale, making it extremely difficult.
Market demand is another driving force for prices. Pi supporters believe that its large user base is an advantage, and if it translates into actual needs such as payments and transactions, the price could soar. However, the competition in the crypto market is fierce; Bitcoin and Ethereum are already mature, and new projects like Solana have more advanced technology. While Pi's ecosystem has a developer platform and initial applications, it has yet to form widespread practicality. Relying solely on user numbers without a strong ecosystem makes it difficult to push the price to such heights. The target of 10,000 RMB seems more like a community vision than a realistic prediction.
External factors are also critical. Cryptocurrency prices are influenced by global policies, economics, and market sentiment. In China, if regulation continues to tighten, Pi's circulation may be restricted, weakening its upward potential; if it gains legal status in other regions or is integrated into the financial system, it may break through. However, at present, Pi's international recognition is limited, making significant good news unlikely in the short term.
Optimistically, if the Pi ecosystem matures, user activity translates into economic value, and the global environment is favorable, it is not completely hopeless for the long-term price to rise to high levels. However, realistically speaking, this requires perfect execution and time accumulation. Based on current progress, Pi is more likely to be a low-priced token, far from 10,000 RMB in the short term. Holders should pay attention to mainnet data and application landing, rather than blindly chasing dreams. The world of cryptocurrency is full of miracles, but bubbles are everywhere; rationality is more important than faith.
